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FxSniper_
Aug 5, 2021 7:13 PM

Bitcoin next 49000$ divergence trap Long

Bitcoin / United States DollarCoinbase

Description

HII everyone as we can see a divergence in this h4 chart so most trader are expecting price to drop based on divergence but i am seeing something different we are at 60.57 RSI and i am expecting RSI to hit 86.57 to make this divergence unvalidated which will take Bitcoin price to 49000$ until then i dont think we will see any drop so if you are short selling bitcoin be cautious because all i see is bitcoin hitting 49000$. after that maybe we will see some sell off so i would suggest going long above 39000$. GOOD luck
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